STX

STX is a sports betting exchange licensed in Ontario, which means you bet against other customers at prices they set instead of against a bookmaker. Each contract costs between 1¢ and 99¢ and pays $1 if it settles your way, and you can cash out before the event ends at the current price.

How Does Exchange Betting Work on STX?

The odds come from everyone betting on the same outcome, matched through a live order book. You either post a price and wait for another bettor to take the other side, which STX calls a maker wager, or you take a price someone else has already posted, which is a taker wager.

Who Runs STX?

SportsX, LLC runs STX and publishes its app. iGaming Ontario's directory of regulated sites includes STX at stxapp.ca in the sports betting and betting exchange categories.

Is STX Licensed in Ontario?

Yes. The Alcohol and Gaming Commission of Ontario (AGCO) licenses STX to provide internet sports betting services, and STX operates under an agreement with iGaming Ontario. You must be 19 or older to bet.

What Can You Bet on at STX?

STX covers the NFL, NBA, MLB, NHL and soccer, with player props on every major slate. Each market is a yes-or-no question about a game or event, and you buy contracts on the side you think will win.

What Fees Does STX Charge?

Maker wagers are free. Taker wagers pay a fee when they're matched, and the cap per contract depends on your loyalty tier: 2.5¢ at Rookie, 2¢ at Veteran, 1.5¢ at All-Star, 1¢ at MVP and nothing at Hall of Fame. Posting your own price and waiting for a match is the cheaper way to bet, as long as you don't mind that your order may not fill.

How Do Deposits and Withdrawals Work?

You can deposit by Interac e-Transfer, credit card or wire transfer, with a $10 minimum, and all deposits are in Canadian dollars. STX doesn't accept PayPal or cryptocurrency. An e-Transfer payment reference expires after two hours, so send the money before then or it won't be matched to your account automatically. Wires can take longer depending on your bank.

Withdrawals go out by Interac e-Transfer only, and you need Interac Autodeposit turned on for the same email address as your STX account. STX reviews every withdrawal before paying it. Expect a closer look if your identity verification is incomplete or you're withdrawing a deposit you never wagered.

Is There an STX App?

Yes. The STX app is on the App Store for iPhone and iPad with iOS 15.1 or later, and there's an Android version on Google Play.

What Responsible Gambling Tools Does STX Offer?

STX asks you to set limits the first time you log in, and you can change them later in your account settings. You can cap deposits and net losses per day, week or month, limit the size of each order or your total open orders, and limit how long you stay logged in. A Cool Off lasts from 1 day to 3 months and can't be reversed. Self-exclusion runs for 6 months, 1 year or 5 years. Withdraw your balance before you start either one.

BetGuard, which you sign up for at betguard.ca, blocks you from every regulated online site in Ontario in one step. For outside help, ConnexOntario is free and open 24/7 at 1-866-531-2600, and Gamblers Anonymous Toronto takes calls at 1-855-222-5542.

Sources

• iGaming Ontario: Regulated iGaming market
• STX: Home
• STX: About us
• STX: Fee schedule
• STX: Responsible gaming
• STX Help Center: Depositing funds
• STX Help Center: Withdrawing funds
• App Store: STX - Sports Trading Exchange
• Google Play: STX